Stephens & Co. Reiterates Underweight on Upstart Hldgs, Maintains $6 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Vincent Caintic has reiterated an Underweight rating on Upstart Holdings (NASDAQ:UPST) and maintained a $6 price target.
June 28, 2023 | 12:55 pm
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Stephens & Co. has reiterated an Underweight rating on Upstart Holdings, maintaining a $6 price target.
The reiteration of an Underweight rating by Stephens & Co. suggests that they believe the stock is expected to underperform compared to other stocks. The maintained price target of $6 also indicates that they do not expect significant price appreciation. This could potentially lead to a negative impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100